Services content of Japanese trade

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

This paper investigates the scale of direct and indirect services trade, or services content, in Japanese trade between 1985 and 1995 using data from Japanese input-output tables. The empirical analysis revealed that the services content reflected the characteristics of the Japanese economy. The scale of research and development (R&D) services in total services trade has been much higher throughout the period than has the scale of other services. The R&D services content of Japanese merchandise exports amounted to US$ 27.0 billion in 1995, 84.3 percent of which was channeled through machinery exports. The R&D services content of Japanese machinery exports toward East and Southeast Asia grew rapidly, especially toward ASEAN countries. Our results confirm the importance of the traded-related international R&D spillovers.

Original languageEnglish
Pages (from-to)261-292
Number of pages32
JournalJapan and The World Economy
Volume17
Issue number3
DOIs
Publication statusPublished - 2005 Aug 1
Externally publishedYes

Keywords

  • International R&D spillover
  • Services content
  • Trade in services

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics
  • Political Science and International Relations

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